- CEO
- Siddhant Agarwal
- Full Time Employees
- 10
- Sector
- Consumer Cyclical
- Industry
- Travel Services
- Address
- Office No. -608, Shivalik Satyamev Ahmedabad India
- IPO Date
- Jul 5, 2022
- Business
- Pearl Green Clubs and Resorts Limited (PGCRL.BO) engages primarily in the trading of agricultural and food products in India. The company offers a range of commodities including wheat, corn, rice, seeds, cotton, gram, pulses, cereals, and peas; it acts as an intermediary between farmers, private players, and consumers to facilitate procurement, merchandising, and distribution across domestic markets. Operations focus on bulk agricultural trading in key consumption regions, with no significant international presence reported.
Incorporated on January 10, 2018, and headquartered at Office No. 608, Shivalik Satyamev, near Vakil Saheb Bridge, Ahmedabad, Gujarat 380058, India, the company listed its equity shares on the BSE in July 2022 following an IPO of 630,000 shares raising Rs 11.7 crore. It was formerly known as Rasam 18 Resorts and Clubs Limited before changing its name in October 2019 to reflect its agricultural trading focus. The business remains almost debt-free with low return on equity around 0.20% over the past three years and recent net losses, including Rs -0.18 crore for the fiscal year ended March 2025.
Recent developments include director changes with appointments such as Sanju as Whole Time Director, Vishal Sharma as Non-Executive Non-Independent Director, and Dhruv Rameshbhai Chauhan as Independent Director in 2024; the company also shifted its office location, changed auditors, and scheduled its 7th Annual General Meeting for August 21, 2025, via video conferencing with e-voting. No major acquisitions, partnerships, funding rounds, or new product launches have been announced in the last 1-2 years. Capital expenditures appear in construction work-in-progress, rising to Rs 8.43 crore by March 2025, indicating potential expansion plans.